TMBA305: Building Teams of A Players post image

This week we are talking about hiring. If you have a business that has less than 15 employees, every single employee has to be an A Player. You can't afford to have B and C level players working for you. This is specifically aimed at everyone out there who should be hiring, or has hired employees. This episode is full of 301 and 401 level material, and you absolutely need to pass this class if you are going to have a successful business. We'll be talking all about how to hire A players and how to purge B and C players from your business.

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By: Dan and IanPublished on 08.28.15
TMBA304: The Power of Under Optimization post image

A few years ago, I was at a mastermind in the Philippines and the people that were involved were a pretty intense group. At that event one entrepreneur stood out that was a little bit different than the rest of us. For must of us, we are always in the hustle mindset and we will do anything that it takes to grow our business. Mark Brenwall is almost the polar opposite. Lifestyle is very important to Mark and he abides by a strong set of personal rules about what he will and won't do for his business. In the two and a half years since Mark has become an entrepreneur, he has built a business called Wod Nation that currently nets him $20,000 a month in profit, and he did it all without compromising his beliefs. I invited Mark onto the show this week to share both his inspiring story and his unique approach to business.

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By: Dan and IanPublished on 08.20.15
TMBA303: 7 Things To Consider When Selling Your Business post image

This is an exciting episode for us. Bossman and I are pleased to announce that we have sold our product business. The sale process was over a year and a half long, and we are going to be telling some pretty interesting stories about what happened along the way. We'll also be talking about what we have learned from exiting a business that has been such a big part of our life since 2007. On this episode, we'll be sharing seven things we wish we would have known, that we hope other people will consider when selling their business.

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By: Dan and IanPublished on 08.13.15
Tropical MBA is Hiring – Seeking Writer and Producer post image

Our podcast is over 6 years old. During that time we’ve produced over 300 episodes. On the whole, I’m proud of the work we’ve done. I’ll be 34 this year, and so far, it’s been the best stuff I could...

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By: DanPublished on 08.11.15
TMBA302: Launch Lessons Learned and Details on Our October Event post image

Today I posted our first ever public ticket offering to DCBKK. We've launched so many of these events now, and we've learned from a lot of our mistakes over the years. I wanted to take an episode to sort of walk through some of the lessons that we've learned in doing our product launches, and specifically doing event launches. I've invited Damian Thompson from SalesAbility.co on to the show to talk about the evolution of our DCBKK event. We are also going to be taking quite a bit of time to talk about what goes on at DCBKK, the types of people who come to the event, and what sets DCBKK apart from other conferences.

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By: Dan and IanPublished on 08.06.15
DCBKK 2015: Looking For an Excuse to Visit Bangkok in October? post image

Since 2012, Ian and I have been hosting an annual conference in Bangkok. We call it DCBKK. It's a pretty magical time of year. Entrepreneurs from all across the globe route their itineraries through Bangkok for a week's worth of...

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By: DanPublished on 08.05.15
TMBA301: 2015 Packing List Updates post image

Ian is on vacation this week in Greece, and I am getting ready to fly back to the United States. I was in the process of packing my bags, when I received a call from a listener named Josh who was curious about what kind of stuff we have been traveling with recently. I have written about my travel kit many times on the blog, so if you don't want to hear me talk about what I keep in my backpack, this might not be the episode for you. I do know that there are some of us out there who spend a lot of time thinking about this stuff. If you're like me and you want to know more, I'm gonna walk you through some of the things I'm packing tonight and why they are part of my travel kit.

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By: Dan and IanPublished on 07.30.15
TMBA300: Thoughts on Building a Small Business Culture post image

A lot of people have been saying that our recent episodes have been targeted towards beginners. This is because we're fascinated by how people use a business model to go from scratch to building revenue. We thought it would be appropriate to do a 300 level course for our 300th episode. Today we're going to talk about how to create a culture that allows you to manage a multi-million dollar business while you travel. Ian has managed to do this over the last year with just six hours of phone calls a week, and our business is still growing. We're going to be talking about how to build the kind of culture that holds everyone together, and keeps everyone productive, while you are living your rock and roll lifestyle.

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By: Dan and IanPublished on 07.16.15
TMBA299: Getting Beyond the Blog and Connecting with Like Minds In Real Life post image

One of the things that I've always loved about the Tropical MBA is that our listeners have found so many different ways to interact with our show. Today we're going to be talking about how to get out from behind your computer and connect with people in real life. I've invited Chris Reynolds and Alex McQuade on to the show this week to talk about just that. Alex is the Director of Operations for the Dynamite Circle, and was an integral part of our Barcelona event. Chris is the founder of The One Effect and has recently started kind of an entrepreneurial revolution in Barcelona. There are 22 entrepreneurs who have moved to Barcelona to live in apartments that Chris has set up. We'll be talking about some of the unique ways we have been able to interact with our listeners in the real world, sharing strategies for digital nomads who want to connect with people in real life, and listening to some firsthand testimonials from people who have been living in the DC Barcelona House.

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By: Dan and IanPublished on 07.09.15
TMBA298: A 10 True Clients Business Model Case Study post image

A common misconception in business today is that you have to build an audience of hundreds or thousands of people in order to sell something successfully. The fact is, when you're getting started, you won't have an audience like that. We have talked over and over again about why we believe in starting with ten true clients. One of our longtime podcast listeners, Sophia Bera, has found great success doing just that. Sophia is the founder of GenYPlanning.com, where she provides affordable financial planning services for people in their 20's and 30's. This week we're talking with Sophia about how she has managed to replace her income in just over two years, why she didn't agree with some of the practices in the financial planning industry and how she was able to turn that into an opportunity.

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By: Dan and IanPublished on 07.02.15